The online recruitment-offering site LinkedIn on Monday announced it would be terminating the jobs of 716 employees as well as phasing out its China-focused job application.

Microsoft-owned LinkedIn to sack over 700 employees, phase out its Chinese app

As the tech sector continues to bleed dry amid a drop in revenue and earnings, Intel on Tuesday announced it was cutting top management pay. The chipmaker said its CEO Pat Gelsinger was receiving a 25 per cent cut to his basic salary to preserve cash and initiate a recovery process.

Intel cuts management pay and fires 340 employees to preserve cash

According to reports, Vodafone is planning to make its biggest round of job cuts in five years as the British telecom group seeks to rein in costs and revive its lagging performance. Watch this to know more.

Vodafone plans hundreds of job cuts in cost-saving measures